Opening Door To Become A Millionaire With Binance Coin (BNB), BitDAO (BIT), and Uniglo.io (GLO)

Jamie Larson

• 2 min read
Opening Door To Become A Millionaire With Binance Coin (BNB), BitDAO (BIT), and Uniglo.io (GLO)
Photo by Traxer / Unsplash

Want to ride a cryptocurrency project to the moon? These three initiatives are ones that we think could make millionaires.

BitDAO, a DAO that is a whale

Well, BitDAO is a DAO. A "decentralized autonomous organization" is that. Owners and operators of DAOs are those who possess the native token, in this case, the BIT token. The goal of BitDAO is to make investments in the growth of the new decentralized economy. And it has grown to be one of the world's biggest investment DAOs.

Joining the community is advised if you're interested in making investments in Web3 projects that are just getting started. What a community it is as well. Big names like Pantera Capital, Dragonfly Capital, and Peter Thiel's Founders Fund are among the early backers. It might easily be a millionaire maker if the BitDAO community can demonstrate that they know what they're doing, and we'll know by how it performs over the course of this bear market.

Another more diverse DAO is Uniglo (GLO).

Another DAO that might be successful in creating millionaires is Uniglo (GLO). However, BitDAO and this differ significantly in two ways. First off, anything that can be tokenized can be invested in by Uniglo's DAO. Not just cryptocurrency projects, not just cryptocurrency, but tokenized assets like NFTs, equities, gold, real estate, fine art, and rare items are also acceptable. Almost everything will be tokenized in the future, thus the options are virtually limitless.

The GLO tokenomics are clever, too. They have produced a coin that is permanently deflationary and a treasury that is constantly expanding in addition to successfully eliminating volatility. Does it seem too wonderful to be true? This is how it goes.

The idea is that anybody who joins the Uniglo community, as well as anyone who bales and sells their GLO, must give 10% of their purchase to the community. The treasury receives 50% of that, 20% is burned, and the remaining funds are used for promotions and marketing. As a result, funds are continuously coming into the treasury and the marketing division while the token's supply is decreasing.

Voting on the treasury's investments is open to the entire community (GLO holders). They chose when to reallocate funds, when to cut losses or take profits, and so on.

You can presently purchase GLO through Uniglo's private ICO by going to their website. Mid-November marks the end of the presale and the launch of the coin on exchanges. However, if you're interested in this concept, act quickly because we anticipate the ICO to sell out before then. By participating in the ICO, you can avoid paying the 10% tax and gain access to all future aftermarket transactions.

Coin Binance (BNB)

The third-biggest market cap of any blockchain is held by Binance, a for-profit company that operates the largest centralized crypto exchange by volume in contrast to a DEX. While both Bitcoin and Ethereum are non-profit endeavors, Binance's primary motivation is financial gain. What was once just a straightforward cryptocurrency exchange is now available worldwide and offers a wide range of financial opportunities. Consider Binance to be the Amazon of cryptocurrency trading. For Binance to fail, a severe catastrophe would be necessary. Otherwise, when blockchain technology becomes more widely used, BNB owners will stand to gain significantly.

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